Thu.Dec 21, 2023

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People Think Domino's Makes Money by Selling Pizza, but 60% of Its Revenue Comes From Something Else Entirely

The Motley Fool

With over 20,000 locations worldwide, Domino's Pizza (NYSE: DPZ) is Earth's biggest pizza company. So how much money do you think it makes from selling pizza to hungry customers? $1 billion? $5 billion? $10 billion? What if I told you that Domino's has generated revenue of less than $400 million in pizza sales over the last 12 months? This number might sound absurdly low, but it's accurate.

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Advent-backed Neoris scoops up cloud consulting firm Forefront

PE Hub

Headquartered in Miami, Neoris is a global digital accelerator. The post Advent-backed Neoris scoops up cloud consulting firm Forefront appeared first on PE Hub.

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Buy Now, Pay Later (BNPL) Stocks Could Be the Biggest Winners This Holiday Season

The Motley Fool

When it comes to capitalizing on the key holiday shopping season, many investors first think of retail stores, e-commerce leaders, or manufacturers of specific products that happen to be popular in any given year. But if early data from this year's holiday season are any indication, a different group of companies are set to lead the way when all is said and done in 2023: buy now, pay later (BNPL) stocks.

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Warburg Pincus invests in healthcare services firm Everise

PE Hub

The investment puts Everise as a valuation of about $1 billion. The post Warburg Pincus invests in healthcare services firm Everise appeared first on PE Hub.

Investing 240
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Warren Buffett Just Added $589 Million to 1 of Berkshire Hathaway's Top Holdings

The Motley Fool

Warren Buffett hasn't seen a lot to like in the stock market in 2023, but there's one stock he keeps buying. The Oracle of Omaha has been a net seller of stocks through the first nine months of the year. Total equity sales for Berkshire Hathaway came to $32.8 billion as of the end of September, while stock purchases totaled just $9.1 billion during the period.

Stakes 246
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ShoreView Industries completes take-private buyout of tools manufacturer P&F industries

PE Hub

According to terms of the deal, P&F shareholders will receive $13.00 per share in cash. The post ShoreView Industries completes take-private buyout of tools manufacturer P&F industries appeared first on PE Hub.

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Vista Equity promotes two to senior managing director and four to managing director

PE Hub

Those being promoted to senior managing director were Alan Schwartz, who's also chief legal officer and co-head of legal & compliance; and Gwen Reinke, who's also chief compliance officer and co-head of legal & compliance. The post Vista Equity promotes two to senior managing director and four to managing director appeared first on PE Hub.

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3 High-Growth Stocks That Could Be Worth $1 Trillion in 10 Years -- Or Sooner

The Motley Fool

It's not everyday companies turn into trillion-dollar megacaps. Microsoft (NASDAQ: MSFT) , Nvidia (NASDAQ: NVDA) , Alphabet (NASDAQ: GOOGL) , and Apple (NASDAQ: AAPL) have all crossed that threshold and delivered big returns to investors -- but they won't be the last. If you aren't paying attention, it's easy to miss out on the next crop of companies that have the potential to join the trillion-dollar market cap club.

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Apollo’s WattEV charges up California’s truckers; Vista promotes six; Rite Aid’s Elixir auction

PE Hub

Vista Equity makes six senior leadership promotions. The post Apollo’s WattEV charges up California’s truckers; Vista promotes six; Rite Aid’s Elixir auction appeared first on PE Hub.

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6 Words That Explain Why CRISPR Stock Isn't Soaring Despite the Recent FDA Approval for Its Gene-Editing Therapy

The Motley Fool

December has been a big month for CRISPR Therapeutics (NASDAQ: CRSP). On Dec. 8, the Food and Drug Administration (FDA) granted approval for CRISPR's gene-editing therapy, Casgevy, as a treatment for sickle cell disease. It was a monumental decision as it also marked the first approval for a therapy utilizing the CRISPR/Cas9 gene-editing technology.

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AEI promotes Hart and McElwee to partner

PE Hub

Also, the private equity firm upped Tyler Letarte and Andrew McElhinney to principal, and Taylor Casey to vice president. The post AEI promotes Hart and McElwee to partner appeared first on PE Hub.

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This Crypto Could Put You on the Path to Millionaire Status

The Motley Fool

There's a good reason the myth of the crypto millionaire exists. According to the latest Crypto Wealth Report, there are more than 88,000 people around the world who have become crypto millionaires. And (perhaps no surprise here) the one crypto that is responsible for 40,500 of those millionaires is Bitcoin (CRYPTO: BTC). While it's certainly no guarantee that investing in Bitcoin will put you on the path to millionaire status, this crypto has several characteristics that make it ideal for build

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Fiber optic tech firm Luna snags $50m from White Hat Capital

PE Hub

Proceeds from this strategic investment were partially used to fund the acquisition of Silixa, a UK-based provider of fiber optic systems and solutions. The post Fiber optic tech firm Luna snags $50m from White Hat Capital appeared first on PE Hub.

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3 Growth Stocks to Buy That Could Be Massive Long-Term Winners

The Motley Fool

A tried and tested way of making money in the stock market is buying and holding solid companies for the long run. This strategy allows investors to capitalize on secular growth trends and helps them benefit from the power of compounding. However, investors looking for outsized gains may want to look for fast-growing companies that have the potential to outperform the broader market.

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Apollo-backed WattEV’s growth to be fueled by decarbonization of California and other states

PE Hub

Starting in 2024, companies like Procter & Gamble, Target, IKEA, MGA and Walmart must use zero-emissions vehicles at ports of entry for commerce in California. The post Apollo-backed WattEV’s growth to be fueled by decarbonization of California and other states appeared first on PE Hub.

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Intel Stock Could Surge Higher in 2024 for These 3 Reasons

The Motley Fool

As 2024 approaches, investors seem to have a sense of optimism. Although it may be premature to label it a bull market, many beaten-down stocks appear to be on the rise. One of these comeback stocks may be Intel (NASDAQ: INTC). After losing its technical lead in the last decade, it seems to have adopted a competitive mindset under CEO Pat Gelsinger.

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TCED raises investment from Champlain Financial-led consortium

PE Hub

TCED is a Saint-Jean-sur-Richelieu, Quebec-based company operating a franchise network with 60 retail stores under the Batteries Expert brand. The post TCED raises investment from Champlain Financial-led consortium appeared first on PE Hub.

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Why Fisker Stock Was Slipping This Week

The Motley Fool

Electric vehicle (EV) maker Fisker (NYSE: FSR) has been no stranger to bad news in recent months as the company has dialed down its full-year production target, faces liquidity concerns, and was late filing its 10-Q. Additionally, its chief accounting officer resigned after just a week on the job. This week, the EV stock was declining in response to news reports casting doubt on both its product and its financial prospects.

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Houlihan Lokey to acquire placement agent Triago

PE Hub

The Triago team will join Houlihan Lokey’s Private Funds Group led by Global Co-Heads Andy Lund and Cristina Forcina Westermann. The post Houlihan Lokey to acquire placement agent Triago appeared first on PE Hub.

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Is the Vanguard Information Technology Index Fund the Best Tech ETF?

The Motley Fool

Technology has been a dominant force in the stock market for the last two decades. Some of the world's most valuable companies, such as Nvidia , Meta Platforms , and Advanced Micro Devices , belong to this high-growth sector. As a result, many of the top-performing exchange-traded funds (ETFs) in 2023 have an undeniable technological skew to them. The appeal of tech among growth investors isn't altogether surprising, given that technological innovations -- such as social media, smartphones, and

Funds 246
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MedImpact to seek approval to acquire Rite Aid’s Elixir PBM business

PE Hub

A competitive auction for Rite Aid’s PBM business was canceled on December 21, while the company’s attorney will continue to seek offers for the retail stores at auction. The post MedImpact to seek approval to acquire Rite Aid’s Elixir PBM business appeared first on PE Hub.

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Social Security Benefits Are Increasing in 2024, but They Might Not Go Further. Here's Why.

The Motley Fool

By now, you've probably heard that the Social Security cost-of-living adjustment (COLA) for 2024 is 3.2%. It might not sound like much, but it's actually above average. The typical retired worker will see their checks rise by $59 per month, and some will get much more. But for many, this boost might fall short of what they need to cover their expenses next year.

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Leeds Equity Partners promotes Zhang and Marous to VP

PE Hub

Zhang joined Leeds Equity in 2018 while Marous came on board in 2021. The post Leeds Equity Partners promotes Zhang and Marous to VP appeared first on PE Hub.

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Best AI Stock for 2024: Palantir Stock vs. Nvidia Stock

The Motley Fool

Fool.com contributor Parkev Tatevosian compares Palantir (NYSE: PLTR) and Nvidia (NASDAQ: NVDA) across a number of financial metrics to determine which is the better AI stock to buy. *Stock prices used were the afternoon prices of Dec. 19, 2023. The video was published on Dec. 21, 2023. Should you invest $1,000 in Palantir Technologies right now? Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 b

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Enlightenment Capital invests in cybersecurity software firm Ridgeline International

PE Hub

Raymond James served as financial advisor to Ridgeline on the transaction. The post Enlightenment Capital invests in cybersecurity software firm Ridgeline International appeared first on PE Hub.

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I Can't Stop Buying Shares of This High-Yield Dividend Stock. Here's Why I Plan to Buy Even More in 2024.

The Motley Fool

I've been accumulating shares of Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) for several years, and the renewable energy juggernaut has grown into one of my largest positions. Because of that and its high-yielding dividend, it's one of the top income producers in my portfolio. Despite having an already meaningful allocation, I plan to continue adding to my position next year.

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Blackstone Signs Definitive Agreement to Acquire Sony Payment Services, Broadening its Japan Private Equity Portfolio

Blackstone News

TOKYO – December 22, 2023 – Blackstone (NYSE: BX) today announced that Private Equity funds managed by Blackstone have entered into a definitive agreement to acquire a majority stake in Sony Payment Services Inc. (SPSV), one of Japan’s leading payment service providers, from Sony Bank, a wholly-owned subsidiary of Sony Group. Sony Bank will roll over a certain portion of its equity and will continue to support the growth of SPSV as a minority investor.

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2 Reasons Amazon Is a Dynamite Stock for 2024

The Motley Fool

There were a lot of questions swirling around Amazon (NASDAQ: AMZN) stock at the beginning of this year. Amazon Web Services' (AWS) growth rate slowed from 27% in 2021 to 12% in the third quarter of 2023. Inflation was high, labor was in short supply, and the stock traded at its lowest point since the pandemic crash, which was precisely why I pegged it as a great buy.

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Standard Biocarbon Raises $5M in Funding

FinSMEs

Nexus Development Capital, a provider of catalytic capital for sustainable infrastructure project developers, made a $5M investment in Portland, ME-based biochar producer Standard Biocarbon. The funding will enable the company to scale operations at its facility in Enfield, Maine to meet the growing demand for carbon capture and biochar. Standard will commence production of its high-quality biochar in Q1 2024 and […] The post Standard Biocarbon Raises $5M in Funding appeared first on FinSM

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Better Growth Stock for 2024: Amazon vs. Shopify

The Motley Fool

Wall Street fell back in love with both Shopify (NYSE: SHOP) and Amazon (NASDAQ: AMZN) stocks in 2023. It helped that sales trends have rebounded in the e-commerce industry following the post-pandemic growth hangover. This recovery happened to coincide with falling costs at these businesses, leading to improving profits and cash flow. Shopify and Amazon stocks are riding that positive momentum as we approach 2024.

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PaintJet Raises $10M in Series A Funding

FinSMEs

PaintJet, a Hendersonville, TN-based robotic painting company, raised $20M in Series A funding. The round was led by Outsiders VC with participation from Dynamo, Pathbreaker Ventures, MetaProp and VSC Ventures. This brings PaintJet’s total funding to $14.75M. The company intend sto use the funds to move its headquarters from Nashville to Virginia and scale its robotic […] The post PaintJet Raises $10M in Series A Funding appeared first on FinSMEs.

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3 Stocks With Incredible Growth Potential to Buy for 2024

The Motley Fool

2023 has been a great year for stocks. The S&P 500 has gained around 24%, fueled in part by the artificial intelligence (AI) boom that has sent some tech stocks flying. The so-called Magnificent Seven , a group of megacap stocks, have led the way this year. What works in any individual year is tough to predict, but investors can succeed in the long run by buying shares of high-quality companies with solid growth potential trading at reasonable prices.

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UltiHash Raises $2.5M in Pre-Seed Funding

FinSMEs

UltiHash, a Berlin, Germany- and San Francisco, CA-based high-performance and sustainable data storage solution, raised $2.5m in pre-seed funding. The round was led by Inventure, with participation from PreSeedVentures, Tiny VC, Futuristic VC, The Nordic Web, Antti Karjalainen, Founder, and angel scout for Sequoia Capital, and other private investors.

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Prediction: 3 Magnificent Stocks That Will Join the Trillion Dollar Club in 2024

The Motley Fool

One trillion is an enormous number. Indeed, just seeing it written out is jarring: 1,000,000,000,000. So it's no surprise that $1 trillion market caps are a new stock market phenomenon. The first company to clear the hurdle was Apple in 2018. Currently, there are five American stocks with a market cap of $1 trillion or more: Apple, Microsoft , Alphabet , Amazon , and Nvidia.